Pretty Penny Loan Advertisement on Neighbourly
There has been a sponsored post on Neighbourly recently advertising a company called Pretty Penny Loans. According to their website, they specialize in short term loans up to $500, and charge 1% per day. In addition to this 365% annual interest rate, they charge a $64 loan origination fee as well as a $24 account set up fee. So if you borrowed $100 for a single day, your would owe them $189.
This is predatory behavior, similar to mafia loan sharking. I am saddened that a website that is supposed to promote positive neighbourhoods would stoop to advertising a company that hurts the most vulnerable people.
If Neighbourly continues to be unneighbourly by continuing to promote shady businesses such as this one, I will deactivate my account and strongly recommend to all of my friends to follow suit.
Accepting advertising from companies such as Pretty Penny is against the primary values put forward by Neighbourly (promote strong and vibrant neighbourhoods).
Best regards,
Joe
Poll: How should Guy Fawkes be celebrated?
While it is a fun occasion, fireworks on Guy Fawkes Night has caused much conflict over the years, upsetting our pets and disrupting the sleep of neighbours.
How should we celebrate Guy Fawkes Night? Vote in our poll and share your thoughts below.
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28.4% With a city-wide public fireworks display
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20.1% Small fireworks displays in each community
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7.8% Keep it as is
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32.7% We shouldn't celebrate it!
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10.5% Anything but fireworks
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0.4% Other - I'll share below
Brain Burn Alert! Today’s Riddle Will Make You Think Twice!
What is seen in the middle of March and April that can't be seen at the beginning or end of either month?
Do you think you know the answer to our daily riddle? Don't spoil it for your neighbours! Simply 'Like' this post and we'll post the answer in the comments below at 2pm.
Want to stop seeing riddles in your newsfeed?
Head here and hover on the Following button on the top right of the page (and it will show Unfollow) and then click it. If it is giving you the option to Follow, then you've successfully unfollowed the Riddles page.
What's your favourite recipe for gooseberry?
Love gooseberries? Share your favourite way to enjoy them. We're looking for our readers' favourite family recipes for this delicious crop. Send yours to mailbox@nzgardener.co.nz, and if we use it in the magazine, you will receive a free copy of our December 2024 issue.